Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    555 Trinity Crk Cv Cordova, TN 38018-2279

    • Specialty properties
    • 17,914 SF
    • 2.70 lot acres
    OFF-MARKET
    Last Sale
    Apr 11, 2022
    Value Estimations
    $850,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1562970
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jane Ashley Huey / Veterinary Clinic
    • Tina Brown / Veterinary Clinic
    • Advanced Animal Eye Care / Veterinary Clinic
    • Mac Maxwell / Veterinary Clinic
    • Chase Atwood / Veterinary Clinic

    Property Details for 555 Trinity Crk Cv

    Year built
    2011
    Lot size
    2.70 lot acres
    Property size
    17,914 SF
    Zone code
    IH
    Property type
    Specialty properties
    APN
    091-080- -A-00013
    APU
    091080A00013

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      VETERINARY, ANIMAL HOSPITAL
      $980,000
      Current use
      COMMERCIAL (GENERAL)
      $1,215,000
      Change: +24% Conversion: Difficult
      MEDICAL BUILDING
      $1,045,000
      Change: +7% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cordova
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8011
    Latitude
    35.14
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $65,785
    $43,160
    $1,036,760
    $1,079,920
    -
    $107,900
    $2,591,900
    $2,699,800

    Comparable in this City

    • Value Estimation by Request
      7,600 SF

      426 Germantown Pkwy

      VETERINARY, ANIMAL HOSPITAL • 7,600 SF
      426 Germantown Pkwy, Cordova, TN 38018-4207
      View Details
    • Value Estimation by Request
      7,798 SF

      886 Cordova Sta Ave

      VETERINARY, ANIMAL HOSPITAL • 7,798 SF
      886 Cordova Sta Ave, Cordova, TN 38018-6315
      View Details
    • Value Estimation by Request
      3,016 SF

      7995 Fischer Steel Rd

      VETERINARY, ANIMAL HOSPITAL • 3,016 SF
      7995 Fischer Steel Rd, Cordova, TN 38018-6252
      View Details
    • Value Estimation by Request
      10,246 SF

      990 Germantown Pkwy

      Office Units • 10,246 SF
      990 Germantown Pkwy, Memphis, TN 38018
      View Details
    • Value Estimation
      $795,000
      10,659 SF

      190 Frst Hl Irene Rd

      DAY CARE, PRE-SCHOOL • 10,659 SF
      190 Frst Hl Irene Rd, Cordova, TN 38018-1018
      View Details
    • Value Estimation
      $1,260,000
      19,375 SF

      1185 Macon Vw Dr

      DAY CARE, PRE-SCHOOL • 19,375 SF
      1185 Macon Vw Dr, Cordova, TN 38018-0627
      View Details

    Similar Nearby for Sale

    • $1,300,000
      15,600 SF

      15,600 SF Building on 2 Acres

      15,600 SF building on 2 acres with expansion potential.
      1175 Big Orange Rd, Cordova, TN 38018
      View Details
    • $4,200,000
      31,720 SF

      Esplanade Event Center: Memphis, TN

      Prime Event Center, High Parking Ratio, Flexible Use
      901 Cordova Sta Ave, Memphis, TN 38018
      View Details
    • $2,000,000
      7.69 Acres

      Cordova Restaurant & Land Portfolio

      Prime Cordova location, restaurant included.
      8556 Macon Rd, Memphis, TN 38018
      View Details
    • Contact for pricing
      1,500 SF

      Professional Office Suite on Germantown

      1,500 SF office suite with six private offices.
      299 S Walnut Bend Rd, Memphis, TN 38018
      View Details
    • $150,000
      2.49 Acres

      Residential Land in Memphis, TN

      2.49 acres of land ready for your dream home.
      580 E Rocky Point Rd, Cordova, TN 38018
      View Details
    • $3,354,000
      10.10 Acres

      Cordova Commercial Land - 10 Acres

      Prime Cordova location, high traffic, 10 acres.
      0 Macon Rd @ Country Vlg Dr, Memphis, TN 38018
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,000 SF

      Cordova Industrial Space For Lease

      4,000± SF industrial space in Cordova, Tennessee available for lease.
      1280 Rebel Rd, Cordova, TN 38018
      View Details
    • Contact for pricing
      1,500 SF

      Restaurant/Retail Space Near Germantown Parkway

      Former restaurant space available for lease near Germantown Parkway.
      8095 Macon Rd, Cordova, TN 38018
      View Details
    • Contact for pricing
      868 SF

      Memphis Fast Food Retail Space

      Prime 868 SF Fast Food Location
      8079 Trinity Rd, Memphis, TN 38018
      View Details
    • $8 SF/Yr
      14,700 SF

      Cordova Industrial Warehouse For Rent

      14,700 SF industrial warehouse space available for lease.
      860 Herbert Rd, Cordova, TN 38018
      View Details
    • Contact for pricing
      21,680 SF

      Germantown Office Park - Memphis

      Class A Office Space, Multiple Options
      57 Germantown Ct, Memphis, TN 38018
      View Details
    • Contact for pricing
      116,082 SF

      Germantown Office Park - Memphis

      Prime Medical & Office Space in Memphis, TN
      8000 Centerview Pkwy, Memphis, TN 38018
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    555 Trinity Crk Cv
    Cordova, TN 38018-2279
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!